She started a small business selling wood in 2004. She started the business with her own funds and, later in 2005, was the beneficiary of a $50 loan from the organization Hekima to strengthen her business. She sells her merchandise roadside on the principal route. She also sells gravel to construction workers. With this new loan, she will purchase supplies notably construction materials to sell to deprived work-sites.
She hopes to build a home and have the opportunity to educate her orphaned children comfortably. Additionally, her ambition is to have a motorcycle to use as part of a taxi business; she has already fully paid for the motorcycle she currently has. (Kahindo A. purchased the motorcycle with the earnings from her business.)
Kahindo A. thanks the organization Hekima for its actions in helping poor widows, unlike a traditional bank. The group Tusaidiane is comprised of 17 members.
More information about this loan
Important InformationHEKIMA is a microfinance institution headquartered in Goma, Democratic Republic of the Congo (DRC), with branch offices in Goma and Bukavu. HEKIMA aims to contribute to the transformation of the economic, social, and spiritual lives of the economically active poor of the DRC. To this end, HEKIMA provides its clients with solidarity group loans to support income-generating activities. Despite ongoing instability and violence in its operating areas, HEKIMA continues to keep its doors open and provide credit and savings services for its over 90% female clientele.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
About Congo (Dem. Rep.)
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Success!! The loan was 100% repaid